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About This Home
This 9-bedroom, 4-bathroom residential multi family at 25 Fremont Street in Harrison, NY is listed for $1,600,000. Built in 1928, on a 0.13 acres lot.
Fully leased triplex in Harrison generating a solid 7%+ cap rate, with immediate value-add upside. Current monthly rent roll totals $12,655 with low annual expenses of $37,221, producing a net operating income of $114,639. Unit Breakdown: 4BR/1BA: $4,450/month 3BR/1BA: $4,300/month 2BR/2BA: $3,905/month All tenants pay electric and gas (except for the 2BR unit, where the landlord covers utilities).
Each unit includes in-unit laundry. A large 2-car garage, not currently used by tenants, offers a clear opportunity to add $750-$1,000/month in storage income, increasing the cap rate to nearly 8%. Rents may also be below market value and can be raised over time as leases roll over.
Located on a quiet dead-end street with a short commute to Metro-North, shops, and top-rated schools, this property offers long-term rental stability in a high-demand Westchester market. Fully occupied, cash flowing, and primed for even stronger returns. (Photos and floorplan are of the top floor 4 bedroom unit. It is currently fully rented.)
Key Features
- Built in 1928
- 0.13 acre lot
Property Details
Amenities
Monthly Cost Estimate
$8,557/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
25 Fremont Street
Harrison, NY 10528
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 9-bedroom, 4-bathroom residential multi family at 25 Fremont Street is listed at $1,600,000. The estimated monthly payment is $6,933 based on 20% down at 6.5% interest.
Key features include: Built in 1928, 0.13 acre lot. Interior Features: First Floor Bedroom, First Floor Full Bath, Formal Dining.
This property is listed by Matthew Warbet and can be reached at 9178340159 or mattwarbet@kw.com.